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Loan Market group tips interest rates to rise

by Staff Reporter • 11 Aug 2009
The mortgage broker’s executive director John Kolenda said the days of monthly interest rate movements of a quarter... READ MORE

NZ property market shows resurgence

by Staff Reporter • 11 Aug 2009
Prices rose 0.7 per cent from June and have gained 1.3 per cent from a low in April, according to the government’s... READ MORE

Bendigo to boost third-party distribution

by Staff Reporter • 11 Aug 2009
Speaking to Mortgage Business general manager third party mortgages Damian Percy said the bank is committed to the... READ MORE

Clearance rates fall below 70pc

by Staff Reporter • 10 Aug 2009
Melbourne registered a clearance rate of 78.7 per cent however this was down from last week’s clearance rate of 84.7... READ MORE

Demand for lower end property surges

by Staff Reporter • 10 Aug 2009
At a recent auction in Sydney’s Parramatta emotions ran so high with two of the bidders becoming embroiled in a... READ MORE

IMF delivers sombre outlook

by Staff Reporter • 10 Aug 2009
The IMF said that while Australia had managed to outperform most other developed nations, expanding 0.4 per cent in... READ MORE

Rates may rise to ‘normal level’: RBA

by Staff Reporter • 7 Aug 2009
According to the RBA’s statement on monetary policy, the outlook for new construction in the housing market is... READ MORE

Unemployment rate holds firm

by Staff Reporter • 6 Aug 2009
According to figures released by the Australian Bureau of Statistics (ABS) today the unemployment rate did not change... READ MORE

US loan application rise

by Staff Reporter • 6 Aug 2009
According to MBA’s latest mortgage applications survey, the rise represents an 18.0 per cent increase on this time... READ MORE

RateCity tips variable over fixed

by Staff Reporter • 5 Aug 2009
Despite expectations of rising interest rates, financial comparison website www.RateCity.com.au has advised borrowers... READ MORE

QBE hikes LMI prices

by Staff Reporter • 5 Aug 2009
Effective 31 August, QBE will implement a 20 per cent price increase on LVRs over 88 per cent. Products with an LVR... READ MORE

House price growth surges

by Staff Reporter • 5 Aug 2009
According to the Australian Bureau of Statistics (ABS), the housing market is reversing some of the collapse in... READ MORE

Variable still the preferred option

by Staff Reporter • 5 Aug 2009
According to the Index, only 21.4 per cent of respondents said they would chose a fixed rate home loan, while 38.4 per... READ MORE

Genworth hikes LMI prices by 20pc

by Staff Reporter • 4 Aug 2009
The mortgage insurer will raise its prices by an average of 20 per cent this quarter after a 17 per cent rise in... READ MORE

Clearance rates continue skyward trend

by Staff Reporter • 3 Aug 2009
According to the Australian property Monitors, Brisbane was the softest market for the week with a clearance rate of... READ MORE
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